The company anticipates the Dong Thanh gold property could achieve gold production of 20,000 ounces annually in the first yearthrough low-cost improvements in mining mechanization and processing.

NEW YORK, NEW YORK--(Marketwire - Feb. 11, 2011) - Strategic Mining Corporation (PINK SHEETS:SMNG), a gold mining company focused production in northern Vietnam, announced today that it has entered formal negotiationswith the government of Vietnam to acquire a 40% interest in the Dong Thanh gold property.

The company anticipates Dong Thanh could achieve gold production of 20,000 ounces annually in the first year through low-cost improvements in mining mechanization and processing.

This prospective acquisition is strategically aligned with the Company's business model of acquiring underperforming near-term and in-production gold properties in close proximity to one another in order to efficiently target known deposits and benefit from economies of scale.

Don Thanh is currently producing gold, but the project is underperforming due to its use of out-dated mining technologies.

The site is located just 7 kilometers north of Strategic Mining's Nat Son gold property, which is about 50 kilometers south west of Hanoi.

According to a geological report written by consulting geologist Robert Marvin, both projects are situated on the same gold-bearing trend.

"We are extremely excitedto have begun formal negotiations with the Vietnamese government towards acquiringan ownership interest in Don Thanh," said Strategic Mining President Todd Sterck. "The project is already producing gold, and we expect to be able to significantly increase output though modest investments in modern technology and processes. We anticipate that our acquisition of the property will increase our company's value and raiseshareholder earnings in the both short term and long term."

In early January 2011, Mr. Sterck conducted a site tour of Don Thanh at the invitation of the Vietnamese government.

About Strategic Mining Corporation (PINK SHEETS:SMNG)

Our goal is to become a significant gold producer. We are currently the only western gold mining company licensed to operate in northern Vietnam. Taking full advantage of our first-mover status in the region, we are aggressively pursuingacquisition discussions with numerous properties. To find out more about us, visit www.strategicminingcorp.com.

Safe Harbor

No assurance can be given that past or similar results of precious-metal mining will be indicative of future results. This news release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 (The "Act"). In particular, when used in the preceding of discussion, the words "pleased," "plan," "confident that," "believe," "expect," or "intend to" and similar conditional expressions are intended to identity forward-looking statements within the meaning of the Act and are subject to the safe harbor created by the Act. Such statements are subject to certain risks and uncertainties, and actual results could differ materially from those expressed in any of the forward-looking statements. Such risks and uncertainties include, but are not limited to, market conditions, general acceptance of the company's products and technologies, competitive factors, the ability to successfully complete additional financing and other risks in the company's SEC reports and filings.